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$1,400,000

  • Sold
  • Closed
  • Commercial
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16Thomas At Midtown is a central Phoenix redevelopment that includes a fully remodeled existing retail/office/flex space with controlled access and additional land with retail PAD upside (C-2 PAD Drive Thru Retail With City Of Phoenix CUP Approval), located in Midtown Phoenix, approximately 0.6 miles west of Arizona State Route 51 (Piestewa Freeway) and approximately 1.2 miles north of Interstate 10, west of 16th Street, along Thomas Road, allowing easy access to Downtown Phoenix, the Central Office Corridor, Camelback Corridor and Phoenix Sky Harbor International Airport and numerous employers. The total land area includes approximately 41,029 SF or 0.94 Acres, and the total existing building square footage includes approximately 11,664 square feet.

Full Property Details for 1541 E Thomas Rd

General

  • Sold For: $1,400,000
  • Taxes: $19,500
  • Status: Closed
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6480206
  • Added to Site: 1, 217 day(s) ago

Interior

  • Interior Features: Alarm System, Finished, Private Restrooms
  • Flooring: Concrete

Exterior

  • Exterior Features: Corner Lot, Monument Sign, Pole Sign

Parking

  • Total Spaces: 38
  • Parking Type: Fenced, Paved Parking, Private Parking

Location

  • County: Maricopa
  • Complex: 16Thomas
  • Cross Streets: 16th Street & Thomas Road
  • Driving Directions: From 16th Street and Thomas, head west on Thomas to subject property.From 16th Street and Thomas, head south to Edgemont, turn right (west), property on north side.
  • Traffic Count: 50, 001 to 75, 000

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: 2 or More Units

Utilities

  • Gas: SW Gas
  • Sewer: Public Sewer, Sewer-In & Connected
  • Water: City Franchise

Structural Information

  • Construction: Block
  • Roof: Foam
  • Ceiling Height: 8.1 Feet to 10 Feet
  • Stories Description: 2 Stories
  • Square Feet: 11,664
  • Current Bldg. Use: Office, Retail
  • Year Built: 1957

Lot Features

  • Hwy Frontage: Up to 1 Mile
  • Zoning: C-2, Phoenix
  • Fencing (Description): Block, Other

Financial Considerations

  • Tax Amount: $19,500

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Vestis Group
Sold by HomeSmart

Listing agent

— 1541 E Thomas Rd —

  • Vestis Group

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1541 E Thomas Rd

School Districts:Phoenix Elementary District, Phoenix Union High School District
NameGradesDistance
Whittier Elementary School, Phoenix, AZ
2000 North 16th Street, Phoenix, AZ 85006
K-80.7 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1541 E Thomas Rd

Date
Details
Price
Change
Source
5/01/2023
Sold
$1,400,000
-6.67%
MLS
3/17/2023
Price Reduced
$1,500,000
-3.23%
MLS
2/27/2023
Price Reduced
$1,550,000
-3.12%
MLS
2/10/2023
Price Reduced
$1,600,000
-5.88%
MLS
10/21/2022
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Vestis Group
Sold by HomeSmart

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1541 E Thomas Road, Phoenix, AZ 85014 (MLS# 6480206) is a Commercial property that was sold at $1,400,000 on May 01, 2023. Want to learn more about 1541 E Thomas Road? Do you have questions about finding other Commercial real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.